Suresh M. Sundaresan

Chase Manhattan Bank Foundation Professor of Financial Institutions

Columbia Business School

Professor Sundaresan teaches at Columbia Business School, where his recent course offerings include Debt Markets and Markets for the Poor. His research has been on Treasury auctions, bidding, default risk, habit formation, term structure of interest rates, asset pricing, investment theory, pension asset allocation, swaps, options, forwards, futures, fixed-income securities markets, and risk management. His current research focus is on default risk and how it affects asset pricing and sovereign debt securities. In addition to his numerous articles in peer-reviewed journals, he is the author of Microfinance: Emerging Trends and Challenges (2008).

He has been actively involved with several journals, serving as Associate Editor for the Journal of Finance (2000 - 2010), the Review of Derivatives Research (2005 - 2007), Management Science (1981 - 1987), the Review of Financial Studies (1988 - 1990), the Journal of Financial and Quantitative Analysis (1988 - 1992), and the Journal of Futures Markets (1981 - 1984).

His consulting work focuses on term structure models, swap pricing models, credit risk models, valuation, and risk management. He has conducted training programs for leading investment banks including, Goldman Sachs, Morgan Stanley, Credit Suisse First Boston, and Lehman Brothers. He has worked full time on interest rate and credit risk issues at Morgan Stanley Asset Management (2000 - 2001) and as a Senior Strategist at Lehman Brothers in their Fixed Income Division (1986 - 1987).

Education: B.E. (Mechanical Engineering), University of Madras (1971); Post Graduate Diploma in Business Administration, Indian Institute of Management (1973); M.S., (Finance), Carnegie Mellon University (1978); Ph.D. (Industrial Administration with a major in Finance and minor in Economics), Carnegie Mellon University (1980)